According to a new report, published by KBV research, The Global EMI Shielding Market size is expected to reach $9.2 billion by 2028, rising at a market growth of 5.7% CAGR during the forecast period.
The Conductive Polymers market is showcasing a CAGR of 5.4% during (2022 - 2028). The biggest benefit of conductive polymers is their processability, which consists mostly of dispersion. Conductive polymers are not thermoplastics, meaning they cannot be thermoformed. However, similar to insulating polymers, they are organic substances. Hence, the growth of this segment is bolstered.
The Radiation market is leading the Global EMI Shielding Market by Methods in 2021; thereby, achieving a market value of $6.1 billion by 2028. When the target and source are physically separated, electromagnetic interference travels through air and vacuum to reach the target. This type of EMI coupling involves the emission of electromagnetic interference. EMI radiation consists primarily of microwave-frequency waves with higher frequencies.
The Automotive market is exhibiting a CAGR of 6.1% during (2022 - 2028). With the growth of technology, the necessity of incorporating a vast number of electronic and electrical devices into vehicles has expanded dramatically. Safety systems, communications systems, Control Area Networks (CAN), mobile media, controllers, DC motors, and infotainment systems, such as wireless headsets are among the most prevalent electrical and electronic systems found in vehicles.
The Asia Pacific market dominated the Global EMI Shielding Market by Region in 2021; thereby, achieving a market value of $3.4 billion by 2028. The Europe market is poised to grow at a CAGR of 5.2% during (2022 - 2028). Additionally, The North America market would witness a CAGR of 5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/emi-shielding-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 3M Company, PPG Industries, Inc., Parker Hannifin Corporation, Laird Technologies, Inc. (Dupont De Nemours, Inc.), Henkel AG & Company, KGaA, Schaffner Holding AG, Leader Tech, Inc. (HEICO Corporation), Nolato AB, RTP Company, Inc. and MG Chemicals
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